As Filipinos evolve alongside technology, the marketplace tradition once reserved for the hustle and bustle of wet markets is finding new life in the digital realm. The art of “tawad” or haggling is seen growing in the world of online shopping, yet its brushstroke still paints the same...
Despite the downward adjustment of estimated growth in utilities, financial services, and information and communication technology (ICT), economic expansion in the first three months of 2025 remained unchanged at 5.4 percent. Based on the adjustments made to the preliminary economic data for the...
Private-sector economists expect the Philippine economy to have expanded at a faster pace in the second quarter, compared to the first three months, driven by robust household consumption during the midterm election period, even amid external headwinds. The consensus growth forecast stands at 5.6...
Despite an expected onslaught of typhoons in the third quarter, the Philippine Statistics Authority (PSA) anticipates that consumer prices, particularly for rice, will continue to decline, but weather disturbances are expected to drive up vegetable costs. “Certain items, such as vegetables, are...
While consumer price increases rose slightly in June to 1.4 percent from May 's five-and-a-half-year low of 1.3 percent, a substantial drop in rice prices to their lowest in three decades since 1995 helped temper the overall inflation, according to the Philippine Statistics Authority (PSA)....
The country’s unemployment and underemployment rates marginally increased in April this year, according to data released by the Philippine Statistics Authority (PSA) on Friday, June 6. According to the latest Labor Force Survey, the national unemployment rate increased to 4.1 percent in April, up...
While the Philippine economy’s growth missed the lower end of the government’s six to eight percent target, the Department of Budget and Management (DBM) said the growth across major sectors further fuels the agency’s confidence in achieving the full-year growth goal. “The fact that all...
